It extends its wealth footprint in the Greater Bay Area where it plans to grow its private banking teams over the next three years.
China’s regulator has formally approved the Shenzhen-Hong Kong Stock Connect, which was expected to launch last year.
After a Brexit delay, Hong Kong’s Shenzhen market connect is “imminent” and the Shanghai-London link will go forward, according to reports.
Expect a spike in volatility when the Hong Kong-Shenzhen Stock Connect launches, said Li Chen, equity strategist at Credit Suisse.
Despite A-share volatility, mainland markets were the world’s best performers from January to June, and Indonesia’s index was the worst.
After competing an annual review, the global index provider said it would form a working group with the China Securities Regulatory Commission to resolve concerns and issues highlighted by international institutional investors during its consultation. “The concerns include, but are not limited to, the quota allocation process, capital mobility restrictions and beneficial ownership of investments,” […]
According to Herberts, China’s stock market is exhibiting signs of being in bubble territory as investors flock to get a piece of it. “With China having enjoyed a significant bull run recently, is the bubble about to burst?” he asked. “The Shenzhen and Shanghai markets have more than doubled in a year, and the Shenzhen […]
Following the investor enthusiasm and record turnover sparked by the Hong Kong-Shanghai Stock Connect, other market linkages such as the upcoming Shenzhen and Hong Kong Connect, are in the works. Singapore and Taiwan have plans to link their stock markets in July, regulators have said publicly. The China Securities Regulatory Commission said it was studying […]
Li replaces Xing Hu who left the group in March “to explore new professional opportunities”, the firm said. She will be based in Hong Kong and will report to Thomas Gerhardt, head of emerging equities and commodities. Philippe Uzan, CIO of long-only management at Edmond de Rothschild Asset Management (France), cited “the gradual opening up […]